Wonderful rare licensed & operating 12-bed assisted living home in Arvada-the only available ALF in the entire metro area! Clean, caring, & excellent culture! With only 10 residents it NETS $10,500/mo WITH management! An owner-operator will NET $196K/yr! Turn-key 8bdrm/3ba ranch-business & real estate included...keep the staff & administrator! Most residents are Medicaid, ensuring guaranteed income! Huge backyard w/ space to build out! Home could be licensed for 14 beds as-is, or 16 w/ build-out! Recent kitchen & main flooring remodel, newer boiler(4 yrs), newer soffits, & driveway repairs! All furniture & office supplies included. Assisted living homes are in HIGH demand as 10K Baby Boomers turn 65 daily in the U.S., & 4K turn 85 each day. This is an excellent & safe cashflow investment for years to come! Please do not approach the home. All showings done through listing agent after buyer has been pre-approved, provides proof of funds, and demonstrates a serious intent to purchase.
Offered By
Jonathan Ghaly jonathanghaly@gmail.com,720-987-8998, HomeSmart Realty
FIREPLACE FEATURESFamily/Recreation Room Fireplace, Single Fireplace
HeatingHot Water, Baseboard
CoolingEvaporative Cooling
Utility FeaturesElectricity Available
SEWERCity Sewer, Public Sewer
WATER SOURCECity Water
Year Built1964
ARCHITECTURAL STYLERanch
RoofComposition
EXTERIOR FEATURESGas Grill
Garage spaces4
CITYArvada
SUBDIVISIONDel Rey
COUNTYJefferson
AREAMetro Denver
STATECO
SENIOR COMMUNITYNo
TAX AMOUNT4087.0
LATEST UPDATE2024-10-25T23:03:34.140Z
DAYS ON MARKET2
PRICE CHANGE(S)
$1,225,000 Oct 24, 2024
CUMULATIVE DAYS ON MARKET2
Market Trends
New Properties On Market
31
24%
Increase In New Listings
Average Asking Price
$595,658
$66,391 Decrease In Avg Asking Price
Average Asking Price / Sq. Ft.
$328
$81 Decrease In List Price/Sq. Ft.
Average Days On Market
19
24 Day
Decrease In Days On Market
Data as of Nov 15, 2024.
Remaining statistics above are calculated on activity within the period from Sep 01, 2024 to Oct 31, 2024.
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